Spacious Old Bridge, NJ Home with Full Finished Basement close to GSP and Matawan Train Station

GREAT LOCATION! FANTASTIC VALUE!! Light and Bright, Spacious 4 bed Colonial with Full Finished Basement. Two Story Foyer. Upgraded kitchen w Granite Counters and Stainless Steel Appliances. Family Room with Granite Surround Gas Fireplace. Spacious Bedrooms. Central Vac. Nestled in a beautiful neighborhood, yet only minutes from Park & Ride, State Park, Train Station & Shopping. Home in GREAT condition. Freshly painted. Plush Carpets. Absolute Must See!

Presented By:

Sujatha Bhaskara

Realtor Associate
Keller Williams Realty West Monmouth
732-319-1340
Licensed In: NJ
License #: 0563235

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Want to see how much your home is worth?

Find out exactly how much money homes in your area are selling for!

Click Here: http://NJHomeValuations.com/

3 REASONS TO CHECK YOUR HOME’S VALUE RIGHT NOW:

1. Home prices rose for the 28th consecutive month in June of 2014. (source: National Association of Realtors)

2. The foreclosure rate slid to a seven-year low in April of 2014: Only 4.3 properties per every 10,000 homes. (source: Zillow)

3. More than 310,000 homes returned to positive equity during the first quarter of 2014. (source: CoreLogic)

SEE HOW THIS HAS IMPACTED YOUR HOME’S CURRENT VALUE:http://NJHomeValuations.com/

2014 home remodeling trends

According to the National Association of the Remodeling Industry data of current and future remodeling business conditions continues to show growth. Quarter-over-quarter increases are evident in nearly all sub-components measuring remodeling activity. This rating has steadily increased in the six quarters NARI has been tracking. For more details, please visit: http://www.nari.org/news/article.asp?ARTICLE_ID=1686#sthash.5eznhtkn.dpuf

Why is this happening?

While many homeowners are remodeling due to necessity, there are other factors which have contributed to the rising remodeling rates. With the economy on the up and up, homeowners are feeling confident in their job security and overall financial well-being.

Growth indicators in the third quarter of 2013  were on an incline for:
•    Current business conditions
•    Number of inquiries
•    Conversion of bids to jobs
•    Value of jobs sold

Requests for bids remained the same as last quarter.

Home remodeling significantly increases the overall value of your home. If you are remodeling your home so you can sell it for more money, please consult with a professional before undertaking any major renovations.  Some improvements bring you a better rate of return on your money than others.

Any questions you may have about home remodeling and how it affects your resale value, contact your real estate consultant Sujatha Bhaskara at 732-319-1340 or sbhaskara@optonline.net.

Annual Home Checkup And Maintenance Checklist

Fall's cooler weather offer an appropriate environment to start your annual home checkup and maintenance checklist. The change of climate is a good reminder to take care of any home clean-up projects that you may have been procrastinating on. Below are 7 tasks to add to your list.

Annual Home Checkup And Maintenance Checklist

Gutter Maintenance

Ice dams are most likely to occur in clogged gutters. The more frequently you clean your gutters, the simpler it will be to keep clean. Additionally, it will be easiest to call a professional to perform this on your behalf.

Pressure Wash Everything

Summer heat and humidity may make your siding, driveway, deck appear dirty. The quickest way to clean this is with a pressure washer. Before getting started, ensure that you use the proper power setting for the siding material being cleaned. Attach the pressure washer to your hose and begin spraying. Everything will be fresh and clean in no time.

Prune Shrubbery

Examine the trees around your home for any dead branches that may cause property damage when there is heavy snow or wind. Trim down bushes and shrubs and keep them a distance away from the home. Wait until the end of fall to prune spring-flowering shrubs so you don't remove flower buds for the spring.

Getting an Early Start on the Lawn

Repairing your lawn is an easy way to retain your home's value. Autumn is a great time to feed and reseed the grass for the next spring. Before you begin, give your grass one final trimming to clean it up.

Check HVAC Systems

Have your furnace serviced annually. This simple task may boost your furnace's performance and save you money. It may also extend the life of the furnace.

Minimize Drafts

Getting your furnace cleaned can save money, but this benefit is reduced if if your warm air is leaking outdoors! Check for drafts near doorways and windows. Re-caulk as needed to keep heat from getting out. For old windows that are impossible to caulk, look into buying plastic window coverings available at local retailers.

Prevent Chimney Fires

You don't need to call the fire department when you first use your chimney during the winter. Schedule a visit from a chimney sweep on an annual basis to clean off creosote accumulation. This is also a great opportunity to uncover other issues with the chimney and give you a chance to address them so they don't become a major expense.

The Importance of Annual Tasks

Your annual home checkup and maintenance checklist should not be delayed. They do not strictly improve your property, but they also reduce future issues and ultimately save you money. For other home maintenance ideas, subscribe to this blog.

An Overview Of Income Vs. Debt Ratio (Marlboro Buyers or others getting Pre-approvals)

Financial information plays a big role in mortgage pre-approvals. All finance companies evaluate your assets, income, credit and debts. These determine whether you qualify for a mortgage and for what amount. This article includes an overview of income vs. debt ratio for Marlboro Home Buyers and others looking to get a pre-approval.

Earnings Analysis

Lenders will look at your total monthly earnings. This includes only items that can be verified. Salaries are the most common source of income. Mortgage companies will require paperwork (such as W-2 forms) for the previous 2 years, giving them a picture of pattern. They may inquire about any unusual items, such as fluctuations in wages or inconsistent amounts. Alternate sources of income may include alimony, investment properties, and stocks. Anything that you would like counted must have valid documentation. A history of earnings and possibility of future earnings can be important. The documentation standard may vary among lenders and certain exceptions may also be allowed. It is important to tell your mortgage consultant about all possible income sources to figure out what can or cannot be used.

What Is Considered Debt

Debt describes all current obligations such as charge cards and installment loans. The exact payment amount on loans and other structured debt are used. For adjustable debt like credit cards, minimum monthly payments are used in the calculations. These amounts are usually listed in your credit report. Some companies may be willing to exclude debts with under one year left or that you can verify someone else is responsible for. The figures are combined to calculate total monthly debt.

An Overview Of Income Vs. Debt Ratio For Marlboro Buyers and others looking for financing or getting a  Pre-approval

Lenders compare the monthly income to debt to come up with the income vs. debt ratio, which must remain under set limits. Additionally, mortgage payments plus your monthly debt must also remain under a certain percentage in order to secure approval. The exact percentage varies among financing companies and for each program.

For example, some lenders may require your monthly mortgage payment (principal, interest, taxes, and hazard insurance) not to exceed 28 percent of your gross monthly income. They may also not allow total debt to exceed 40 percent of monthly income. Based on this example, a borrower making 60,000 annually (5,000 monthly) may be allowed up to a 1,400 per month mortgage payment and 2,000 per month in total debt. Bear in mind that this is strictly an example and includes only one part of the financial analysis that may be performed. There are many other factors, such as credit rating and loan program requirements. It is important for Marlboro Buyers and others to consult with a local mortgage company for advice on income vs. debt ratio when  financing or getting a  pre-approval to get specific details relevant to your personal situation.

If you need help getting a pre-approval or for any other real estate related information, please contact Sujatha Bhaskara at Keller Williams Realty by calling 732-319-1340 or by emailing at sbhaskara@optonline.net.  For more information on what’s happening in the Marlboro, NJ real estate market, sign up to become a Marlboro Market Insider today!